Chiliz (CHZ)

.@Chiliz just officially launched the $SPAIN Fan Token with a burn mechanic that is tied to the outcome of real game performance...

Here's the breakdown:

- 30M total supply
- ~1M tokens currently in circulation
- 450K sold in the FTO
- 1% of treasury supply burns every time Spain wins a match
- Live on big exchanges

The burn pulls directly from the treasury

Alexandre Dreyfus posted a strong, personal message to the @Chiliz and @socios community

Key message: “We hear you”.

Chiliz CEO openly admitted that the project has not generated enough demand, excitement, and visible reasons for the market to show greater interest in $CHZ and Fan Tokens.

At the same time, he emphasized that Chiliz is not leaving, not giving up, and continues to build.

The plan for the next stages is a new version https://t.co/ejKVhKdLze — more focused on trading, utility, and the needs of crypto users.

Fan Tokens are intended to operate beyond just the Socios app, with support for non-custodial wallets such as MetaMask or OKX Wallet.

Additionally, the tokenomics of Fan Tokens will be revamped towards more gamified mechanics, higher tradability and greater value for holders.

Chiliz also focuses on regulation: Socios holds a MiCA license, Fan Token Management is one of the largest issuers of whitepapers under MiCA/ESMA, and in the USA Fan Tokens have been classified as digital collectibles.

In the background, development is also progressing